ments. Healthy demand for the right kind of project with the correct price point can be expected. Towns l ike Dharuhera, Bhiwadi and Alwar can expect to see local demand as the first two are major industrial centres, and will see some part of the DMIC development adding to the infrastructure in these ttowns going forward.
Manesar too is expected to beb a major node on the DMIC project, with a host of multiproduct hubs and industry incentivesin driving industrial development.de This will catalyzely good demand for residentialti projects. If land prices canca be controlled by by the states authorities unlocking more land parcels, the businessne opportunity in residential developmentde on the NH-8 corridorr will see an impetus, with more projects being launched andn generating good demand. The norms for ECB for affordableb housing are likely to be helpful in lowering financing costs,o bringing greater thrust to residential projects in these locations. l
The Master plan for DMIC corridor’s first zone has been notified. Khushkhera-BhiwadiNeemrana is being developed as the first node for which land acquisition is almost complete. The Manesar-Bawal region is also one of the investment regions selected for development in the first phase of this industrial corridor. The creation of these investment regions are likely to spur residential investments in these corridors at a greater scale.